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Skip to mainThe all-India Consumer Price Index for Industrial Workers (CPI-IW) saw an increase by 1.1 points during June 2021. The figures released by the Labour Bureau under the Ministry of Labour & Employment shows that the index gained 0.91 and stands at 121.7 for June 2021.
Consumer Price Index Numbers for Industrial Workers - CPI(IW) 2016=100 | ||||
Sep '20 | 118.1 | Feb '21 | 119.0 | |
Oct '20 | 119.5 | Mar '21 | 119.6 | |
Nov '20 | 119.9 | Apr '21 | 120.1 | |
Dec '20 | 118.8 | May '21 | 120.6 | |
Jan '21 | 118.2 | June '21 | 121.7 |
With all the CPI-IW indices till June 2021 that will be used for the calculation of the Dearness Allowance from July 2021 available, the DA from July 2021 will certainly be 31%, a hike of 3%. The Dearness Allowance is calculated based on the CPI-IW indices over the previous 12 months during the January and July of every year. As the government has removed the DA's freeze order, a hike can be announced during August or September. The Central Government Employees will have another reason to cheer before the next festival season.
Finally, Cabinet okays Dearness Allowance de-freeze and hikes it to 28% | Read: PIB release on Dearness Allowance hike to 28%
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